Transaction Monitoring is an essential process in protecting a firm from money laundering, fraud and other financial crimes, which can result in legal and regulatory penalties. Lysis can engage with your business to assess your specific requirements and to tailor bespoke end-to-end resourcing and case management software packages, depending on your needs. Discover more in this download.
Case Study: LYSIS & NAPIER Transaction Monitoring
Lysis Operations Case Study. The challenge: A requirement to have an effective transaction monitoring framework, operational controls and processing to manage and monitor payments across Europe and to establish a solution which can adapt and iterate with the constantly-changing regulations and requirements.
In this paper, we take a closer look at the numbers relating to payments, transactions, and the world of compliance to help explain why some of the current transaction monitoring technologies and operational controls struggle to identify illicit activity. We then look at the role of technology and what future developments will bring to transaction monitoring.